3: Growing Into a Company

Chapter 3: Growing Into a Company

Tip I: “Somebody once said in looking for people to hire, you look for three qualities: integrity, intelligence and energy. And if you don’t have the first, the other two will kill you. You think about it; it’s true. If you hire somebody without[integrity], you really want them to be dumb and lazy.”(Warren Buffet. Investor, Business Magnate)

Tip II: “If we weren’t still hiring great people and pushing ahead at full speed, it would be easy to fall behind and become a mediocre company.”(Bill Gates. Co-Founder Microsoft, Investor)

A company represents the third stage in the evolution of business organizations, the first two being sole proprietorship and partnership respectively.

A company is an association of people formed for economic gain of its members who contribute money’s worth to a common stock (ordinary shares).
A company has a right to act as a natural being granted by law.